The planned exports to the DRC aim to respond to rising demand from its northern neighbour, which continues to grapple with maize supply
The partnership seeks to boost the adoption of warehouse receipt financing in a bid to boost farmers’ income.
Maize accounts for roughly 53% of Malawi’s Consumer Price Index (CPI), meaning that fluctuations in its supply significantly impact inflation and the broader economy.
John Kapito, executive director of the Consumers Association of Malawi, warned that prices are likely to continue climbing as the country nears the lean season.
FAS now projects imports at 8 million tonnes, down 2 million tonnes from its previous estimate but still 1 million tonnes higher than the 2024-25 figure